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José Antonio
Antonio O. E. is a 43-year-old man who lives with his wife and two children in the small, rural, Costa Rican community of Las Delicias de Upala in the province of Alajuela. He works in commerce, raises cattle (milk and meat), and grows basic grains like rice, beans, and corn.

Mr. Antonio has worked with both milk cows and raising cattle for meat for many years. He sells his products to his neighbors and to people in his community and they are happy with the quality he produces. Currently there is more demand than he can satisfy.

Mr. Antonio thinks that he and his family have been able to improve their living conditions bit by bit because of the success he has had with his business. He has also been able to help the community, a community that is regularly struck with bad weather and unemployment.

Mr. Antonio would like a loan of 685,000 colones to buy several young bulls so he can increase production. He knows that having more cows will be a greater sacrifice and make more work for him. But his desire to be a successful small business owner and improve life for his family motivates him to work even harder.

Mr. Antonio is a member of the communal bank “Datraban.” “Datraban is one of the hundreds of EDESA's member organizations in Costa Rica. This will be his second loan and he hopes to use it to keep growing, on both personal and economic levels. He also will continue to be an active participant in helping to develop his communal bank.
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Antonio O. E. es un señor de 43 años de edad, quien vive con su esposa y sus dos hijos, en una pequeña comunidad rural de Costa Rica llamada Las Delicias de Upala, localizada en la Provincia de Alajuela. Ahí se desarrollan actividades como el comercio, ganadería de doble propósito (carne y leche), siembra de granos básicos: arroz, frijoles, maíz entre otros

Desde hace ya varios años don Antonio se dedica a la ganadería de doble propósito. Logra vender sus productos a los vecinos de su comunidad quienes se muestran muy satisfechos con la calidad de los productos que ofrece. En su caso en particular, la demanda es mayor de lo que puede ofrecer actualmente.

Don Antonio considera que gracias al progreso de este proyecto, él y su familia han mejorado poco a poco sus condiciones de vida, logradando ser actores en el desarrollo de la comunidad, la cual se ve frecuentemente azotada por las inclemencias del tiempo y el desempleo.

Actualmente don Luis desea obtener un microcrédito por ¢685,000 (seiscientos ochenta y cinco mil colones), para comprar varios toretes pequeños y así poder incrementar la producción. El sabe que contar con mayor número de vacas más es un mayor sacrificio y demandará más trabajo. Sin embargo, el deseo de ser un microempresario exitoso y sacar adelante a su familia mejorando las condiciones de vida, lo motiva a esforzarse con gran esmero.

Don Antonio es socio de la Empresa de Crédito Comunal Datraban, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su segundo préstamo y con él espera continuar creciendo a nivel personal y económico además de participar activamente en la organización de crédito en su comunidad.

Additional Information

More information about this loan

As a small and relatively young MFI located in Costa Rica, EDESA has difficulty attracting other sources of capital. Many other microfinance funders do not work in Costa Rica, because overall the country is too rich. However, organizations such as EDESA work with extremely marginalized populations in Costa Rica that really need the access to capital that EDESA provides. By funding EDESA, Kiva lenders are allowing the organization to grow and reach more people than they otherwise would be able to reach.

About Costa Rica

  • $12,900
    Average annual income
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 578.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped José Antonio compra ganado doble propósito.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 16, 2009
Listed
Jul 13, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2010